Environmental, social and governance investing is universally known as a form of green investing. But ESG has given birth to another, perhaps less well-known, phenomenon: greenwashing. So what is greenwashing and why does it matter in the world of ESG? Greenwashing Mihir Kapadia, chief executive of Sun Global Investments, says greenwashing is “the process of companies
Business leaders are shifting their priorities, embracing the idea of the “double bottom line”, supplanting shareholder primacy with stakeholder primacy, and committing – at least notionally – to environmental sustainability. That’s good news, said Caroline Anstey, Senior Advisor to Sustainable Markets at the World Economic Forum. But not all of this environmental commitment is genuine.
With concerns about climate change, human rightsand social justice dominating popular culture today, impact investing is experiencing a boom. The sector's phenomenal growth is being driven by investors who are not only seeking a healthy financial return, but also aiming to meet social or environmental goals. These twin desires are creating new opportunities and challenges for the "do
Sustainable investing is booming. The industry has spawned its own lingo—ESG, SASB, SRI, GRI—dedicated to describing this seemingly moral turn in the finance industry, where money is invested in ways that make the world a better place. After all, it feels good to generate a return while promoting the SDGs (that’s the UN’s sustainable development